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Intel, Howard Lutnick and CHIPS

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration.

Bloomberg on MSN · 23h

US Seeks Intel Stake Without Governance Rights, Lutnick Says

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science Act grants into equity.

Yahoo Finance · 20h

Lutnick says U.S. wants Intel stake for chip grant funding

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act

Intel gets $2 billion from SoftBank

Business Standard · 9h

US mulls equity stakes in Micron, Samsung, TSMC after Intel deal talks

The US government is considering taking equity stakes in companies, including Micron, Samsung, and Taiwan Semiconductor Manufacturing Co (TSMC) after its plan of getting 10% stakes in Intel

BBC on MSN · 13h

US in talks over 10% Intel stake, White House confirms

The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "The president wants to put America's needs first,

Fox Business on MSN · 22h

Intel gets $2 billion from Softbank as White House mulls stake

The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team advance.

20h

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

40mon MSN

President Donald Trump thinks owning a piece of Intel would be a good deal for the US. Here’s what to know

President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon Valley pioneer dump the CEO that was hired to turn around the slumping ...

22hon MSN

Trump administration says it wants ‘nonvoting’ stake in Intel

The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...

22hon MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

If it were to happen, Treasury Secretary Scott Bessent said the US wouldn't pressure companies to buy Intel chips. A possible deal would be for the US to exchange $10.9 billion in grants for a stake.

18hon MSN

Trump administration vying to own a big stake in Intel after SoftBank's $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

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